HMRC deadline - FHL under personal name
HMRC deadline - FHL under Limited Company
FURNISHED HOLIDAY LETS
Maximise Tax Relief on Furnished Holiday Let Investments
At TCM Capital, we help property owners unlock valuable tax refunds by identifying unclaimed capital allowances on furnished holiday lets. Our HMRC-compliant service ensures you receive the highest eligible refund—boosting your cash flow and reducing your tax liability.
The UK government allows capital allowance claims on qualifying expenditures for FHL properties. With the current tax benefits for FHLs ending in April 2025, there’s limited time left to take advantage. Whether your property is in the UK or the EEA, now is the time to act and secure your entitlement.
How Do Capital Allowances Apply to Furnished Holiday Lets?
If you own a furnished holiday home in the UK and pay tax on the rental income, you could be missing out on thousands of pounds in unclaimed tax allowances. Provided your property is available to let for at least 210 days a year and actually let for a minimum of 105 days, you may be eligible to claim Embedded Capital Allowances—covering essential items like radiators, heating and air conditioning systems, kitchen units, bathroom fittings, and security systems.
These allowances are often hidden within the property’s purchase price and can account for up to 25% of its original value. For instance, a £500,000 property could reveal £125,000 in allowances, potentially leading to £50,000 in tax refunds or future tax savings for higher-rate taxpayers. Claiming these allowances is entirely risk-free and can significantly reduce your taxable profits.
Unlock Hidden Tax Relief in Your Furnished Holiday Lets
If you own a Furnished Holiday Let (FHL), you could be missing out on valuable tax savings through capital allowances. Many owners are unaware that items like furniture, fixtures, and integral fittings in their properties may qualify for tax relief—offering a chance to significantly reduce your tax liabilities.
However, this opportunity won’t last forever. From April 2025, new legislation will bring an end to capital allowance claims on furnished holiday lets.
At TCM Capital, our experts specialise in uncovering these hidden allowances and helping property owners maximise their claims—but time is limited.
Act now to secure what you’re entitled to before the window closes.
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Why You Shouldn’t Wait – The Advantages of Making Your Claim Now
Taking action today could bring immediate financial rewards:
Lower Your Taxable Profits:
Capital allowances let you deduct the cost of qualifying items—like furniture, fixtures, and equipment in your holiday let—from your taxable profits, helping reduce your overall tax bill.
Capital allowances let you deduct the cost of qualifying items—like furniture, fixtures, and equipment in your holiday let—from your taxable profits, helping reduce your overall tax bill.
Unlock Valuable Tax Relief:
Using schemes such as the Annual Investment Allowance (AIA) and FHL-specific capital allowances, you can reclaim costs on a wide range of items including heating systems, appliances, security features, and more.
Using schemes such as the Annual Investment Allowance (AIA) and FHL-specific capital allowances, you can reclaim costs on a wide range of items including heating systems, appliances, security features, and more.
Claim Before the Deadline Hits:
From April 2025, key changes in government legislation will limit eligibility for these claims. Missing this window could mean losing out on thousands of pounds in potential tax relief.
From April 2025, key changes in government legislation will limit eligibility for these claims. Missing this window could mean losing out on thousands of pounds in potential tax relief.
Why the April 2025 Deadline Is So Important
April 2025 signals a major change in how capital allowances apply to furnished holiday lets. After this date, property owners will no longer be eligible to claim capital allowances on these types of buildings and assets.
What You Need to Know:
The government is introducing stricter rules, ending favourable tax relief options for FHL owners.
Delaying your claim could result in losing thousands of pounds in tax relief on items you’ve already invested in—such as heating systems, fixtures, and fittings.
Acting now gives you the opportunity to secure these valuable allowances before the rules change, call us today 020 8068 0371
The UK’s Trusted Capital Allowance Experts
At TCM Capital, we’ve supported thousands of property owners, accountants, and legal professionals across the UK with their capital allowance claims. With over 7,000 successful submissions and a flawless compliance record, our process is fully aligned with HMRC regulations—giving our clients total peace of mind. We specialise in uncovering Embedded Capital Allowances in commercial properties, delivering fast, efficient, and stress-free claims handled by a team of dedicated specialists.
Has my accountant already claimed these allowances?
It’s unlikely. Capital Allowances are a highly technical part of tax legislation that require expertise in both property surveying and specialist tax law. Most general accountants do not have the in-house resources or detailed knowledge to identify embedded allowances—something our dedicated team at TCM Capital is uniquely equipped for.
Will this impact Capital Gains Tax (CGT) on my property?
No. Making a Capital Allowance claim does not reduce your property’s value or affect your CGT liability. In fact, it can often strengthen your tax position during property transactions by maximising tax efficiency—an added advantage when buying or selling.
Will HMRC raise concerns about this type of claim?
Not at all. Capital Allowances are a standard part of UK tax legislation, routinely claimed by businesses each year. As long as claims follow HMRC’s detailed guidelines—which we strictly adhere to—you’ll face no complications. At TCM Capital, we have a 100% success rate with HMRC-approved claims.
Are there any hidden fees involved?
Absolutely not. We operate on a results-only basis. That means if we don’t identify qualifying allowances that HMRC approves, you don’t pay a penny. Our fee is only charged once we’ve delivered value—so there’s no risk and nothing to lose.
